"Mein Mangnay Nahi Aya...", PM Shehbaz Sharif's Big Statement

ARY NEWS

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Transcript

00:00I go everywhere, and for the first time, I say this to them with utmost humility,

00:07but with the pleasure and kindness of God, with utmost confidence,

00:14that I have come to your country not to take loans, but to invest.

00:20And we have made full preparations for all the requirements for that.

00:26In the future, our relationship with you will grow on the basis of investment,

00:31on the basis of trade, on the basis of commerce.

00:35And in this way, I believe that Pakistan will gradually get rid of loans.

00:43This is difficult and not impossible.

00:46There are such examples in the world,

00:50where those countries only extended their hand to the IMF once,

00:57and after that, they did not go to the IMF again for the rest of their lives.

01:01We have gone to the IMF 24-25 times.

01:04Today, I am making a promise to you,

01:07that God-willing, if we strictly follow our programme,

01:13and if we fully commit to the targets that we have set,

01:19then God-willing, just as Mian Muhammad Nawaz Sharif said good things about the IMF in 2017,

01:27God-willing, this programme that we are going to take,

01:31will probably be the last programme of the IMF in the history of Pakistan.

01:36After that, God-willing, we will stand on our feet,

01:40and God-willing, we will leave our neighbouring countries behind in the race for progress.

01:46This is not an emotional thing.

01:50I am not saying this to impress the public.

01:55First of all, I am addressing myself.

01:58Then, I am appealing to my elders, brothers and sisters,

02:02to come and join us in this race,

02:05and leave those countries behind,

02:08which were behind us but moved forward.

02:12I think this is proven by the history.

02:18Look at the history.

02:20Germany and Japan, after the Second World War,

02:25were destroyed.

02:27They were razed to the ground.

02:29But they turned their defeat into hard work.

02:33And today, they are talking to Syria again.

02:37I think this example is enough for Pakistan.

02:41And more than that,

02:43our religion, our Holy Qur'an,

02:45the example of the Holy Prophet, peace be upon him,

02:49this is what we are taught.

02:52Work hard, work hard, work hard,

02:54do justice,

02:56and make the nation happy.

02:59My elders, brothers and sisters,

03:01that time has come.

03:03And God-willing,

03:05we will train 300,000 young Pakistani brothers and sisters

03:14in information technology every year.

03:19And we will make them talented.

03:22And then they will get a chance to stand on their own two feet.

03:26Every year, 300,000 young boys and girls.

03:30Similarly,

03:32in this country,

03:34we will spread information technology

03:36throughout Pakistan.

03:38So that this new knowledge,

03:41through which the world is now on the path of progress,

03:45can be quickly spread

03:47and Pakistan can be a part of that era.

03:52For that,

03:54I would like to talk to you about

03:58a few very important decisions.

04:01I would like to tell you that

04:05to make the industry, exports,

04:10and industrial and agricultural products

04:14cheaper,

04:16and to make our export-based industry,

04:22to make its products competitive in international markets,

04:27that is, to reduce their production costs,

04:33we have worked very hard

04:36to reduce the cost of electricity for them.

04:41And this is a historic step.

04:44Almost 10.5 rupees

04:48per unit of electricity

04:52for all sectors of the country,

04:55whether it is for local consumption

04:59or for exports,

05:0210.5 rupees per unit of electricity

05:06has been announced to reduce the cost of electricity.

05:10This is a quantum leap.

05:13And with this,

05:15the burden of 200 billion rupees

05:18will be reduced on these industries.

05:23And in international markets,

05:25I am sure that our exports

05:29will be sold.

05:32And another proof of this budget being good

05:37is that our stock exchange,

05:40after the announcement of its budget,

05:44reached 76,000 points on one occasion,

05:49which was the biggest point in the history of Pakistan.

05:57This means that the businessmen,

06:00the trade groups,

06:03all of them have given an endorsement on this budget.

06:08And in some areas where tax had never been imposed,

06:17and where there was corruption,

06:20and where billions of rupees were invested in real estate,

06:26where there was no employment,

06:29where there was no business,

06:32just sitting in the future,

06:36billions of rupees of profits are being earned.

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